News

Analysts at Wells Fargo, estimate that the Federal Reserve could cut its monetary policy rate two times during 2019. They forecast one 25 bps cut in July 2019 and another cut in Q4-2019 and the Fed funds range to remain unchanged at 1.75%-2.00% in 2020.  Key Quotes:  “Inflationary pressure remains modest. We do not expect
0 Comments
Last week it was the worst King dollar is back on the throne. Last week there was fear about Mexican tariffs and this week there was relief. Or last week there was excitement about Fed cuts, now there is worry they won’t materialize. I think it’s instructive to combine the past two weeks. That tells
0 Comments
Share to facebook Share to twitter Share to linkedin In this May 16, 2019 file photo, Salesforce chairman Marc Benioff speaks during a news conference, in Indianapolis. Salesforce is buying Tableau Software in an all-stock deal valued at $15.7 billion. The buyout is expected to close during Salesforce’s fiscal 3rd quarter. (AP Photo/Darron Cummings, File)
0 Comments
Dollar Rallies Ahead of FOMC Meeting; Markets Await Fed Signal for July Cut The Fed is likely to drop ‘patient’ word next week, clearing way for July cut, economists say OANDA Market Insights podcast (episode 69) Gold – Capitalizing on safe haven flows NZD/USD – NZ dollar slides on soft Chinese data US Stocks to
0 Comments
Dollar Rallies Ahead of FOMC Meeting; Markets Await Fed Signal for July Cut The Fed is likely to drop ‘patient’ word next week, clearing way for July cut, economists say OANDA Market Insights podcast (episode 69) Gold – Capitalizing on safe haven flows NZD/USD – NZ dollar slides on soft Chinese data US Stocks to
0 Comments
The New Zealand dollar continues to lose ground, as NZD/USD has dropped 0.75% on Friday. In North American trade, NZD/USD is trading at 0.6516, down 0.75% on the day. In New Zealand, the Business NZ manufacturing index slowed to 50.3 in May, down from 53.0 in April. This points to stagnation in the manufacturing sector.
0 Comments